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Having a rental property as an
investment can be tricky if you don't have professional help.
There are many things involved in renting a premises. Water is
one thing that can be a problem if you don't charge your tenants
accordingly. If the water on the premises is used excessively,
then it can lead to a big bill for you if you haven't charged
your tenants water rates. If you have bought the property to
make money then the last thing your need is a large bill for
water. The best example is
the New South Wales Housing Department which charges tenants for
water usage in accordance with the 1987 residential tenancies
act. The tenants of the housing department pay an actual water
charge or a percentage water charge. This is dependant on
whether the water meter is an individual or shared meter and
also is dependant on whether the water authority has provided
housing with sufficient usage information. Since October, 2009,
the department has charged a percentage based on the rent a
tenant pays. The rate is around 4.3% of the rent payable. It can
be an incentive for tenants to preserve water as much as
possible and encourage them not to waste water. Water is
certainly a precious commodity these days. A real estate agent
can help you to decide what sort of charges should be put into
place. Using a real estate agent to handle the rental premises
for you can save you a lot of stress and hassle.
Having a
property management Campbelltown team to handle all
your rental premises is a great idea. It leaves you time to do
other more important things. Property management teams can do
background checks and also check up on references. In many
cases, they can communicate with other property management firms
to ensure that the tenant will pay the required rent on time and
is in general going to look after the premises. They can handle
the bond lodgement, collect
rent Macarthur and make sure the place is properly
maintained through regular inspections of the rental property.
They generally have maintenance professionals that they use on a
regular basis, so you know your property is in good hands. |